Business Travel Forecast for 2010: How will it Impact Corporate Housing?
Posted on 12. Dec, 2009 by Kat Schneider Fotheringham in Blog, Business Travel, Uncategorized, executive accommodations, international business travel
If you work for a large organization or corporation, you’ve probably already seen it or will soon. Business travel policies are getting much stricter for some organizations, in fact, according to the Globe and Mail of Canada.
Egencia Canada is reporting that travel managers and clients are sharing with them that stricter travel policies and more economical travel choices are the new norm. In fact, the National Travel Business Association of Canada confirms that the implementation of stricter travel policies is up 14 percent over last year, and this trend is expected to continue into 2010.
So how does that translate for corporate housing? Smart corporate housing owners will continue to provide comfortable, well-equipped spaces for travelers and short-term residents that don’t go over the top on pricing and amenities. Offering a good location, conveniences that business travelers need to perform their jobs and feel comforted and at home should dominate the practices of successful corporate housing providers.
And if you stop to think about it, this common sense approach is just good business, especially if you’re a corporate housing provider who wants to expand their business and appeal to larger corporations now and into the future.
